IIRM Holdings Acquires SafeRisk Insurance Brokers for ₹55.12 Cr

IIRM Holdings' WOS India Insure to acquire 100% stake in SafeRisk Insurance Brokers for ₹55.12 crore cash consideration.
SafeRisk, a Bhubaneswar-based insurance broking firm, reported FY25 turnover of ₹27.78 crore and PAT of ₹17.91 crore.
Acquisition requires IRDAI regulatory approval; share allotment to occur within 15 days of special resolution or last regulatory approval.
Transaction is not a related party transaction; disclosed under Regulation 30 of SEBI LODR, 2015.